
The cryptocurrency market is witnessing significant activity, particularly around Ethereum (ETH) and Solana (SOL) ecosystems. Ethereum has seen a notable price surge, crossing the $2,900 mark for the first time since April 2022, with predictions of reaching $3,000 soon and even $10,000 in the foreseeable future. This bullish trend is attributed to a combination of factors, including rising trading volume in ETH spot markets and a more bullish supply outlook for ether compared to bitcoin. Concurrently, the Solana NFT space is drawing attention with the migration of projects like KillaBears from ETH to SOL, suggesting a potential shift in the dominant chain for NFTs in the next cycle. This development indicates a consolidating phase for Solana NFT projects, mirroring the state of ETH NFTs two months prior. Despite the current focus on Ethereum's price performance, the movements within the Solana ecosystem hint at an emerging competition between the two blockchains.
$ETH is pumping and all is well in the world.
Woke up to ETH at $2,900. Every influencer bearish on ETH will delete their tweets in a few months. But we know who the real ones are 🫡
ETH just hit a 52-week high and is trading above $2,900, outperforming Bitcoin! Do you think an altcoin season is around the corner? Set your reminders now and tune in to the discussion 👇 https://t.co/4wXMvpLziN


